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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

$ 1,725,000

Est. payment | -/mo

Save Virtual Tour

$ 1,725,000

Est. payment | -/mo

Save Virtual Tour

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260018754SD

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

Looking for a deal that actually pencils? 3960-68 Helix offers a residential environment rarely found in traditional multifamily communities: four detached single family homes, each with its own single car garage, along with a two story duplex. Ample on site parking, private outdoor areas, & strong curb appeal further reinforce the property's residential character. All six units have been thoughtfully renovated with dual pane windows, quartz countertops, new cabinetry & vanities, luxury vinyl plank flooring, & scraped ceilings. Every residence also includes a private yard & in unit laundry. Combined with well maintained improvements & a desirable unit mix, the property delivers a living experience that supports strong tenant retention & long term occupancy. Beyond base rental income, the property benefits from two additional revenue streams that enhance overall returns. A Ratio Utility Billing System (RUBS) allows the owner to recapture a portion of water, sewer, & trash expenses directly from tenants based on occupancy, square footage, or a similar allocation method, reducing the property's net expense load without the capital cost of individually metering each unit. The property also generates billboard & signage income, providing a stable, non rental revenue stream that is largely insulated from vacancy & turnover risk. Together, these ancillary income sources supplement in place rents & give investors a diversified, less rent dependent income profile — a compelling feature for a value add asset of this size.

Location

State CA

County San Diego

Area 91977 - Spring Valley

Interior

Fireplace No

Exterior

Total Parking Spaces 12

Others

Tax ID 5043113500

Virtual Tour https://www.propertypanorama.com/instaview/snd/260018754

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Cody Evans South Coast Commercial, Inc. #01399935

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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3960 Helix St Spring Valley, CA 91977